Former New Mexico Governor Gary Johnson
on Thursday announced his bid for the White House.

During an appearance on Fox Business,
Johnson told anchor Neil Cavuto that he hopes to be the Libertarian
Party's presidential nominee in 2016. Johnson was the party's
nominee in 2012.

Johnson told Cavuto that the nation's
biggest issue is its increasing debt.

During his 2012 campaign, Johnson
dropped his bid to become the GOP presidential nominee to pursue the
Libertarian Party's nomination.

Before he jumped ship, Johnson endorsed
marriage equality.

“As a believer in individual freedom
and keeping government out of personal lives, I simply cannot find a
legitimate justification for federal laws, such as the Defense of
Marriage Act, which 'define' marriage. That definition should be
left to religions and individuals – not government. Government's
role when it comes to marriage is one of granting benefits and rights
to couples who choose to enter into a marriage 'contract.' As I have
examined this issue, consulted with folks on all sides, and viewed it
through the lens of individual freedom and equal rights, it has
become clear to me that denying those rights and benefits to gay
couples is discrimination, plain and simple,” Johnson
said during an online town hall hosted by gay GOP group GOProud.